We had an engaging and insightful session at AMA on the upcoming mandatory Input Service Distributor (ISD) provisions, set to take effect from 1st April 2025. The discussion delved into the key changes impacting ITC distribution, tax planning, and compliance for businesses operating across multiple locations. Participants gained a clear understanding of ISD implementation, the distinction between ISD and cross-charge, and the calculation of ITC distribution ratios.

A major focus was on mitigating compliance risks and preparing businesses for a seamless transition. Practical challenges and solutions were addressed, ensuring attendees are well-equipped to avoid tax demands, penalties, and litigation. The session provided actionable steps to streamline compliance and stay ahead of regulatory changes.